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0171% 19:26 Assignment No. 1.docx : Assignment No. 1 The below listed information was extracted from XYZ Hotel during 2020. (5 marks) 1. Operating expenses
0171% 19:26 Assignment No. 1.docx : Assignment No. 1 The below listed information was extracted from XYZ Hotel during 2020. (5 marks) 1. Operating expenses include depreciation expense of 35,000 JD. 2. The hotel issued 75,000 shares of 1 JD par value common stock for 75,000 JD 3. Furniture was sold with the amount of 60,000 JD 4. Cash dividends of 15,000 JD were declared and paid in 2019 5. Kitchen equipment with a cost of 100,000 JD was purchased for cash 6. Spa equipment with a books value of 45,000 JD was sold for 35,000 JD cash 7. The account payable increased by 12,000 JD 8. prepaid expense increased by 15,000 JD 9. Net Income is 150,000 JD Instructions: Prepare the cash flow provided by the Investing and financing activities using the Indirect method
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